LSP-Kendall To Refinance Debt

A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan.

  • 23 Sep 2005
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A deal to refinance debt associated with LSP-Kendall Energy launched last week with Credit Suisse First Boston, Lehman Brothers and Goldman Sachs leading the loan. The $412 million term loan is being talked at LIBOR plus 2 3/4% with a call premium 102, 101. There is also a $10 million liquidity facility. The LSP-Kendall Energy Plant is located in Minooka, Ill. and consists of four 300 MW combined cycle units that includes a gas-fired combined cycle power generator. LS Power developed the asset and sold it to NRG Energy about five years ago, but reacquired it last December. A call to LS Power was not returned.

  • 23 Sep 2005

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 11.55%
2 JPMorgan 32,938.92 93 9.34%
3 Wells Fargo Securities 30,371.96 86 8.61%
4 Bank of America Merrill Lynch 27,582.56 87 7.82%
5 Credit Suisse 22,692.50 70 6.44%